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Friday March 29, 2024

Rupee may remain range-bound

By our correspondents
July 02, 2017

The rupee is expected to trade in the range of 104.85/90 against the dollar next week on the back of sustained foreign inflows and somewhat slowdown in the dollar demand, analysts said.  “Pakistani rupee looks to be maintaining a stable trend as increase in foreign exchange reserves following inflows of $728 million received from international financial institutions a week ago,” a head of treasury at a leading commercial bank said.